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Dec 13, 2012
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it's just that the united states has the technology, the environmental policy which has allowed it to be pursued, has the individual rights in terms of some people going on to property. >> essentially we're seeing other parts of the world, as you said, recognizing impact. jerl today, britain lifted its shale gas ban, although it did impose stricter rules. so coming around to recognition at least as to what transformer powered this hole. >> it's definitely crazy. there's huge potential. so this is a game changer. now, in the oil market, you have to keep in mind, some 2 million barrels a day is being kept off the market by political circumstance, whether it be the iranian sanctions, syrian problems, sudan. this is a huge factor and that's it's to $1110 a barrel. >> what's interesting, yesterday we had a strategist on from shale and said their outlook includes pointing in the right direction to go to $140 a barrel next year and that wti, partly because of this revolution, could fall to 50. >> i doubt that very much. ir mean, i can see -- and i doubt that present will be 140. which is a p
it's just that the united states has the technology, the environmental policy which has allowed it to be pursued, has the individual rights in terms of some people going on to property. >> essentially we're seeing other parts of the world, as you said, recognizing impact. jerl today, britain lifted its shale gas ban, although it did impose stricter rules. so coming around to recognition at least as to what transformer powered this hole. >> it's definitely crazy. there's huge...
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Dec 7, 2012
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south korea losses in automakers were offset by gains in technology shares and ship builders. meanwhile australia's asx 200 up nearly 1% today with miners and banks gaining knmomentum. sensex lower by 0.5%. >> thank you for that. a one meert high tsunami has hit the ming a sgi prefecture in japan after an earthquake struck. the quake rocked buildings as far as tokyo. all nuclear plants and refiners are operating as normal. we did see the dollar yen hit a session on -- or the yen hitting a session high. we have a little bit higher, the yen right now, 82.37. peter styles is joining us for more. >> we've had six earthquakes, decreasing in magnitude. we had the 7.3, a lot smaller than the one which devastated japan on fukushima. it's probably at least 500 times less in energy. and so we've had a sequence of 7.3, 6.2 and then going through 5.5 down to 4.8. so a cluster of earthquakes. they're relatively shallow, which means they're at the outer rim of where they're generated, which is why probably the devastation isn't enormous. and the earthquake mechanism is one which would tend
south korea losses in automakers were offset by gains in technology shares and ship builders. meanwhile australia's asx 200 up nearly 1% today with miners and banks gaining knmomentum. sensex lower by 0.5%. >> thank you for that. a one meert high tsunami has hit the ming a sgi prefecture in japan after an earthquake struck. the quake rocked buildings as far as tokyo. all nuclear plants and refiners are operating as normal. we did see the dollar yen hit a session on -- or the yen hitting a...
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Dec 6, 2012
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technology is a sector we continue to see our clients busy in. and in consumer and industrial, we're seeing increased level of divesti divestity chur activity. so that's again we could see plenty of good assets coming into market. >> all right, martin, thanks for that. i know it's still early doors. just a reminder on the agenda today in the united states, weekly jobless claims at 8:30 eastern. forecast to drop by 18,000 to a total of 375,000. on the earnings front, look for results today from h&r block, cibc, td bank, smithfield foods, harry winston diamonds and eclectic bunch of companies. still to come, what other rate risks lie ahead in 2013. an outlook from moody analytics. still to come, what other rate >>> here will your headlines today from around the world. timothy geithner tells cnbc the swhous prepared to go over the fiscal cliff if republicans don't give in on higher taxes on the wealthy. no change seen at the ecb, draghi expected to hold off on rate and bond purchases as he awaits spain's request for help. the central bank may cut it
technology is a sector we continue to see our clients busy in. and in consumer and industrial, we're seeing increased level of divesti divestity chur activity. so that's again we could see plenty of good assets coming into market. >> all right, martin, thanks for that. i know it's still early doors. just a reminder on the agenda today in the united states, weekly jobless claims at 8:30 eastern. forecast to drop by 18,000 to a total of 375,000. on the earnings front, look for results today...
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Dec 12, 2012
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. >>> the senior fellow at the school of international studies at the technological university. thanks for joining us. what does this test do today? what's the impact on regional securit security? >> short term, i don't think the impact is going to be particularly severe. in some ways it's been priced in. and for once, north korea's rocket actually did what it was supposed to do which is fly south and not pass over any territory. so in that sense, the reaction can be contained. on the other hand, it caught people by surprise. and i think there will be questions ask the about how could the intelligence -- how good the intelligence was in the u.s. and south korea in failing to pick this up. >> how significant is it that this launch appears to be successful where previous others have failed? >> that's a question to ask. in february we had the 40 seconds into the flight and the last rocket prematurely exploded. now there is a -- a question about whether they've been receiving external guidance from iran, mentioned as one possibility. there have been reports that iranian officials we
. >>> the senior fellow at the school of international studies at the technological university. thanks for joining us. what does this test do today? what's the impact on regional securit security? >> short term, i don't think the impact is going to be particularly severe. in some ways it's been priced in. and for once, north korea's rocket actually did what it was supposed to do which is fly south and not pass over any territory. so in that sense, the reaction can be contained....
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Dec 5, 2012
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to be aunt consum -- anti-consumer, the government feels it will actually create jobs, will bring in technology, will create infrastructure in the supply chain so currently a debate of we are expecting the lower parts of parliament to take a vote on this matter about 7:00 p.m. india time. it seems like it will go through the low herb house, but the big question mark is on the upper house of parliament and that is where the arithmetic doesn't seem to be working in favor of government. foreign investors are going to be watching this very closely because if this is turned back, if there is a u-turn on this poll circumstance it means that walmart cannot open shop here in india. for now, it's back to you. >> thanks for that. that's the latest. we'll see what happens. >>> now over to japan, where election timing may spell budget delays. we have the story from tokyo. >> the election campaign has officially kicked off in japan, but there are worries the budget is not likely to be ready pi the end of this year. they will likely call a special session to elect a new prime minister, then select a cabinet
to be aunt consum -- anti-consumer, the government feels it will actually create jobs, will bring in technology, will create infrastructure in the supply chain so currently a debate of we are expecting the lower parts of parliament to take a vote on this matter about 7:00 p.m. india time. it seems like it will go through the low herb house, but the big question mark is on the upper house of parliament and that is where the arithmetic doesn't seem to be working in favor of government. foreign...
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Dec 10, 2012
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we have globally used technology, let's say. but we don't have the global legal architecture to deal with that yet. and it will take a long while. we have many treaties that put in place norms and rules, but we don't have an international authority that's responsible for dealing with counterfeiting which is a cross border activity. and so we're left with a situation in which we know that in the last few years, tinter national community has been very good at laws and not so good at compliance. why not? because compliance, to see whether a law is being complied with, you have to go into a country and look at its internal workings. and no country likes international organizations to come in and make an evaluation of them and whether they're compliance or not. so it's a stage of maturity of the international community that we have not yet reached. >> with the dominance of the internet, do you agree that ip rights are doomed? >> we can't underestimate the profoundty of the change that's happening. you know, this is every bit as big a
we have globally used technology, let's say. but we don't have the global legal architecture to deal with that yet. and it will take a long while. we have many treaties that put in place norms and rules, but we don't have an international authority that's responsible for dealing with counterfeiting which is a cross border activity. and so we're left with a situation in which we know that in the last few years, tinter national community has been very good at laws and not so good at compliance....
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Dec 11, 2012
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the rest is being refocused on technology and engineering. >> patricia, thanks for that. still to come, as the global economy trudges along the roads to recovery, will we see a high full rebound? we'll talk about it in just a few minutes. >>> mass rallies have been called in cairo, both anti-and pro government spaufrters are expected to take to the streets as ongoing divisions over the role of the approximated, mohammed morsi continued. overnight, he increased tough economic reforms as part of a proposed $4.8 billion imf loan agreement. eyeman is in eye row with the latest. >> reporter: good morning to you. it has added more to the political turmoil here today. today there are several messages being sent to morsi. the referendum is scheduled for saturday. it's a controversial constitution that secular liberal forces here have announced it doesn't protect human rights or the rights of minorities and women. there are supporters of the president and they are, too, organizing their rallies for today and friday. and against all of this, the president has given the egyptian mil
the rest is being refocused on technology and engineering. >> patricia, thanks for that. still to come, as the global economy trudges along the roads to recovery, will we see a high full rebound? we'll talk about it in just a few minutes. >>> mass rallies have been called in cairo, both anti-and pro government spaufrters are expected to take to the streets as ongoing divisions over the role of the approximated, mohammed morsi continued. overnight, he increased tough economic...